Winnipeggers protest against RBC’s funding for fossil fuel projects – Winnipeg | 24CA News

Canada
Published 02.04.2023
Winnipeggers protest against RBC’s funding for fossil fuel projects – Winnipeg | 24CA News

Winnipeggers got here collectively on Saturday to protest towards the Royal Bank of Canada (RBC) for funding fossil gas initiatives.

Demonstrations had been held throughout Canada and dubbed ‘fossil fools days’ and so they additionally came about in Edmonton, Toronto, Ottawa, Halifax and Vancouver.

Winnipegger Eric Rae of Decolonial Solidarity was on the protest voicing his issues saying he needs RBC to cease funding oil pipelines.

“They’re the number one funder of the coastal Gaslink pipeline and without that funding, without any of the funders, the pipeline can’t continue and they’ll be forced to stop the genocide.”

RBC has outlined plans to scale back its financed emissions by 2030 with a aim of internet zero by 2050, however critics say its targets fall far wanting what’s wanted.

Read extra:

Pipeline protesters finish blockade of rail line west of Winnipeg

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The financial institution is being accused of “greenwashing” when it introduced its targets for this decade final fall. It additionally has confronted criticism from Indigenous leaders who’ve taken problem with its local weather document and funding of the coastal gaslink pipeline.

Rae says he needs the federal authorities to drag the RCMP out of Wet’suwet’en land, and finish the occupation of Indigenous land.

“This land has been occupied by indigenous peoples for tens of thousands, hundreds of thousands of years, and Canada has come along and is pulling everything they can out of the land and with no regard for the people who were here before.”

“People in this country have to stand up to the injustices that have been happening across this land since the inception of this country.”

RBC has responded to the criticism by saying “Climate change is a significant global challenge and the transition will require one of the largest economic transformations in generations.” moreover, it mentioned it’s going to assist purchasers cut back their emissions and helps initiatives that deliver inexperienced options to market.

With information from the Canadian Press

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